TRUE FLEXIBILITY

B2B model – leisure clients

AgentAgentFocusFocus

AirAir++

ToursTours

FITFIT

Travel agents:Dinosaurs or still important?

995 in Quebec – 9083 agentsAlmost 2000 in Ontario – almost 15 000 agents-----------------------------------------------------------------------------------

Quebec: 1 agent per 891 inhabitants USA: 1 agent per 4324 inhabitants

WorldwideOver 185 countries

USA : #1 seller

ALIO’s MASSACHUSSETTS

Travel product in 37 CITIES AND TOWNS – OVER 700

accommodation choices offered –

FIT and Ad Hoc groups

Our Massachussetts suppliers

• Direct contracts• XML dynamic real-time

connectivity with 3rd party receptives & bed banks

Late spring/early fall Travel in 2015 – our numbers for New England & New York

State

Down 8.3%First YOY decrease since 2009

Roughly 25% currency swing

Current travel trends?• Millennials (18-34yrs)

• Specialized agents• River cruises, soft adventure

combined with quality accommodation

• Culinary with very local twist